MONOPOLY TO GO DOWN.
Dr. Woodrow Wilson, President-Elect, of the United States, to American dol!&r princes : — "The future of the United States does not depend upon it* Government, but upon "the honesty of its business men. Perfectly honest men are now at a disadvantage in America, because business methods in general are not to be trusted. That ie unjust to' you 5 it is unjust to everybody. You have got to clear yourselves before the jury of the general body of your fellow citizens, and when, the atmosphere, of suspicion has been dissipated the Government will come to a normal relation with the American people. That job is yours, not mine ; for you are conducting the business of the country^ I'm not. For instance, there is reason to believe from things said under oath that there are inner circles and outer circles of credit j that there ate regions of chilly exclusion and regions of warm exclusion. 1 am not indicting the banking method of this country. Our banking system does not need to be indicted. It is convicted. Credit must bo put at the credit of everybody upon equal terms. And, above all this, the business of the , United States must be absolutely free of every feature of the monopoly. The last sentence was received in chilly silence, and Dr. Wilson added : "I'm disappointed that you do not applaud that sentiment, for we shall have to accomplish it, if necessary, by duress —the worst way In which to bring about any reform."
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/EP19130301.2.132
Bibliographic details
Evening Post, Volume LXXXV, Issue 51, 1 March 1913, Page 9
Word Count
253MONOPOLY TO GO DOWN. Evening Post, Volume LXXXV, Issue 51, 1 March 1913, Page 9
Using This Item
Stuff Ltd is the copyright owner for the Evening Post. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.